JPMorgan CEO Jamie Dimon asserts investors are misreading global risks and will avoid purchasing stocks or long‑term bonds at current levels.

He warns market ratings remain inflated despite solid bank results.

The bank also confronts risk of withdrawing its £3 billion UK investment if the UK government proceeds with a potential bank tax.

Dimon has reiterated concerns over policy making strains and reduced buying activity in risk markets.

The warnings come as JPMorgan’s latest financial report shows strong profit.